Goldman Sachs sets up hedge fund platform

FierceFinance – Funds of hedge funds have disappointed plenty of limited partners as of late.

In some ways, this segment of the industry has performed the worst since the financial crisis in terms of inflows. Criticism has been rampant, which has led some broker-dealers to take a different approach. Goldman Sachs has put together a new hedge fund platform for customers, which will allow them to make easier investments in hedge funds with lower minimum investments.